The chart analysis presents a promising outlook for PEOPLE against USDT, showcasing potential upward movement within an ascending channel structure. Currently, the price is situated positively above several moving averages, closely following an uptrend pattern which indicates continued bullish momentum. The short-term target is set at the 1.272 Fibonacci...
LL not confirmed, continuing uptrend Could turn to power buy to 2.618 about 22% gains Low risk, stop 1.272 / below LL NFA just personal notes
R/R 10 EMA200 reacted as support Near lower channel line NFA
This is my personal note Supply followed by no demand No demand Rejected yesterday's high / low demand on resistance level
It obviously takes some time, but 0.03 isn't impossible here!
BATUSDT is in a corrective wave 2 which could retest 0.16x before starting a bigger run.
My current wave count. I think we are in wave 4 and it is about to end.
Wave 1 completed and 2 should end soon. The new year could start with a nice wave 3.